Tether, the issuer of USDT, is targeting a $500 billion valuation and has given investors 14 days to commit funds. The firm, which earned over $10 billion in net profits last year, plans to expand into stablecoins, AI, and energy. This move comes amid growing interest in AI + crypto news and broader crypto news. The valuation, if achieved, would surpass Circle’s by more than 22 times.

Key Insights:

• As per the latest stablecoin news, Tether, the company behind USDT